French peer-to-peer payment app Lydia adds Apple Pay support

A peer-to-peer payment app that works similar to Venmo from startup Lydia in France now works with Apple Pay (a feature originally announced in July), making it possible to spend your balance from the app wherever MasterCard and Apple Pay … Read More

Revolut merges mobile banking with cryptocurrency trading

Revolut is merging traditional banking and cryptocurrency to let you buy, sell, trade, and hold Bitcoin, Litecoin, and Ether alongside 25 world fiat currencies. The $90 million-funded mobile banking startup is trying to erase the divide between old and new … Read More

Target launches its own mobile payments system with debut of ‘Wallet’

As promised earlier, Target today launched its own mobile payments system with the introduction of “Wallet” in the Target app. Wallet, as the name implies, allows Target shoppers in-store to both check out using their smartphone as well as take … Read More

Apple’s hand is down and its $1 trillion dream now rests with consumers

As we head into the end of 2017, it’s pretty safe to say that Apple’s fate — barring any major issue with its phones — is now in the hands of its consumers. With the iPhone X now in stores … Read More

Revolut now has a million customers for its banking alternative

Fintech startup Revolut has reached a big milestone. The company now has over a million customers across Europe two years and a half after launch. The company says that customers have saved $160 million in foreign exchange fees compared to … Read More

Stitch Fix gets a pop in its public trading debut

Stitch Fix revised where it would price its IPO lower last night ahead of trading, and it looks like it helped approach the right sweet spot as a result when it made its debut today. The company saw around a … Read More

Square’s dominant year hits a snag

Square is continuing to make its bid to capture the payments of small businesses around the world, as well as tap into the momentum of peer-to-peer payments products with Square Cash, as its payments volume continues a steady and methodical … Read More

Snapchat share price craters on weak revenue and user growth in Q3 2017

Snap’s losing streak continued with today’s Q3 2017 earnings report that saw it miss financial expectations and add just 4.5 million users. Snap earned $207.9 million in revenue with a loss of $0.14 per share, compared to expectations of a … Read More

A tale of two chip stocks

Broadcom confirmed this morning that it would offer to acquire Qualcomm in one of the largest tech deals of all time, and one that would consolidate two storied semiconductor companies into a single unit as the chip world has begun … Read More

Apple offers more bonds to finance its $300 billion capital return program

Apple just started selling new bonds in order to finance a share buyback program and dividends for shareholders, as Bloomberg spotted in a filing. This is counterintuitive as Apple is sitting on a big pile of cash and probably doesn’t … Read More